India is likely to have 242K Millionaires By 2017

                                 In the next five years India is quite likely to experience a substantial jump in the total number of millionaires. The total tally of people, who will join the millionaire club in the country, is expected to touch 242K i.e. 242,000 by the year of 2017 only.

                                 According to a latest report, which has been conducted by a Credit Suisse Research Institute’s Global Wealth Report, the total number of millionaires in the country is likely to swell to 242,000 by 2017. In 2012 the total number of millionaires in India stands at 158,000. So by 2017 India is likely to record an increase growth of 53% in this very matter, which is quite surprising, as India is considered to be a third world country.

Assembly Speaker of Punjab Dr. Atwal received Asian Guild Award

                               Dr. Charanjit Singh Atwal, who is the honorable speaker of Punjab Legislative Assembly, has received Asian Guild’s ‘Special International Award’. Dr. Charanjit is one of the pioneers of primary education in India, and the award has been presented to him for his contribution to primary education in his state.

                            The Chairman of Asian Guild Lord Tarsem King gave away the award to Atwal. Atwal was the former Deputy Speaker of the Lok Sabha. The award ceremony was held at the House of Lords, and it was named as Asian Guild Annual Awards Dinner 2012.

India Post issued two Stamps to Mark 20 Years of Diplomatic Relations between India and Israel

                               India’s parent post body, the India Post issued a set of two stamps to mark the domestic relationships between India and Israel, which has been on for twenty years now. The domestic relations between Israel and India were established in the year of 1992, and till now it is going strong. Both the issued stamps are of Rs 5 denomination each.

                                                       

                                It is a good way to mark a historic occasion by felicitating the event itself. So India Post has done a good job in deed. The parent postal body issued the two stamps on the festival of light Deepavali and Hanukkah on 5^th November, 2012. From 1992 the relationships between India and Israel has developed quite a lot for sure. These twenty years has seen much mutual cooperation between the said two countries, which has been proved as beneficiary for both the countries.

630 Million People in India will be covered by Health Insurance by 2015

                                 Around 630 million people in India or one may say the 50% of the total population by 2015, will be covered by the various Health Insurance packages for sure. It is very much likely to cross that land mark in coming 3 years or so. This has been stated in a latest report of the World Bank itself.

                              World Bank conducted a study on Government-Sponsored Health Insurance Schemes (GSHIS) few days back. The study stated that the health financing schemes of the new generation can surely help India’s progress towards the all important universal health coverage. As a good result of that more than 630 million people or 50% of the India’s population are likely to be covered by health insurance by the year of 2015 only.

Latest Major Approvals of Union Cabinet of India of 2012

                                         Recently the Union Cabinet of India approved two major plans. We are listing them below. Please have a firm look on these latest affairs of the Union Cabinet.

Union Cabinet sanctioned Rs 4,038 Crore plan to tackle Japanese Encephalitis

                    The Union Cabinet of India sanctioned a mega plan proposal of Rs 4,038 Crore for a comprehensive strategy, which is multi-pronged too. Cabinet approved the plan to prevent and take full control of Japanese Encephalitis (JE) and Acute Encephalitis Syndrome (AES).

                 The said proposal came from the Ministry of Health and Family Welfare, as the Ministry was keen to implement the necessary activities, which had been recommended by the Group of Ministers (GoM). The aim of the proposal is to not only prevent but also take full control of the rising Japanese Encephalitis (JE) and Acute Encephalitis Syndrome (AES). As the proposal now has been approved by the Union Cabinet, now very soon it will be implemented in 60 districts on priority basis for a steady period of 5 years from 2012-13 to 2016-17. This proposal will be implemented by the Ministers of different department like Health & Family Welfare, drinking Water & Sanitation, Social Justice & Empowerment, Housing and Urban Poverty Alleviation and last but not the least Child Development.

India and Bulgaria joined hands to Cooperate in Tourism Sector

                                       India and Bulgaria has decided to join hands in order to explore the growing opportunities of mutual cooperation in the sector of Tourism, which is considered to be one of the most important sectors of the country. The possibility of this highly rated mutual cooperation possibility was decided few days back at a official meeting, which was held between the Tourism Minister of Bulgaria Mr. Delian Dobrev and Union Tourism Minister of India Mr. Subodh Kant Sahai.

6,000 Model Schools to be set up at Block Level in Rural Areas

                                        
                                        Cabinet Committee on Economic Affairs (CCEA) has understood the need of basic education in the rural areas. As a result of that it has given its nod of approval for setting up of 6,000 model schools at block level as benchmark of excellence in rural areas across the country. The main motto of this project is to provide quality education in the rural areas of the country. The total amount, which has been allocated for this mega project, is Rs 1080 crore, and it is for the year 2012-13 only.

In 2016 Asia-Pacific BPO Industry is likely to reach $ 9.5 billion

                                        

                       Business Process Outsourcing, or better known as BPO Industry, is one of the most emerging and influential industries of Asia-Pacific region in recent times. This industry has seen a tremendous growth in last decade only, but according to a research firm named Gartner; it will make history within the year of 2016. As per Gartner Business Process Outsourcing market in the region of Asia-Pacific (excluding Japan), will reach a new height of $ 9.5 billion, which will be up from $ 5.9 billion as of last year.

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